Limited partnerships could help boost energy business growth

6:33 PM,
Jun. 11, 2013

Written by

Bloomberg News
Guest editorial

Like a fresh wind setting in motion the blades of a giant turbine, a new idea for encouraging the development of clean energy has blown into the U.S. Congress.

It is to allow renewable-energy companies to form master limited partnerships, a business structure that has long worked to attract investment capital to the oil and gas industry. Legislation in the Senate has support from Republicans and Democrats alike, not to mention the White House. We think it's a neat idea, too.

A master limited partnership offers the tax advantages of a partnership (the partners pay the taxes, not the ...